Amit Chowdhry | December 5, 2011 | 326 views | 1 Comment
Categorized under Drew Sievers, Fidelity Investments, Intel Capital, Mastercard, mFoundry, Motorola Mobility, Rodney Aiglstorfer

mFoundry is a company that powers the mobile banking solutions for over 500 banks and credit unions across the nation. The company has raised an $18 million round of funding from MasterCard, Intel Capital, Fidelity, and Motorola Mobility. mFoundry has raised a total of $40 million in funding.

Amit Chowdhry | December 1, 2011 | 320 views | 1 Comment
Categorized under Drew Sievers, Ed McLaughlin, Mastercard, mFoundry

mFoundry is a company that develops mobile applications for over 560 financial institutions. Now mFoundry is working with MasterCard Incorporated (NYSE:MA) to integrate PayPass into their apps. PayPass is MasterCard’s near-field communication platform. NFC makes it easier for consumers to check out at grocery stores, gas stations, etc. by turning smartphones into credit card scanning devices. Check out the press release below:

Amit Chowdhry | July 20, 2011 | 557 views | Add a Comment
Categorized under Claire Johnson, Google, Mastercard, World Financial Capital Bank

Google Inc. (NASDAQ:GOOG) is offering a credit card for advertising customers that would have a large credit line, no annual fee, and competitive interest rates. However the credit card would only be able to used for buying search advertising through the Google search engine. The AdWords Business credit card would be Google’s first attempt at vendor financing.

Amit Chowdhry | January 28, 2011 | 1,092 views | 1 Comment
Categorized under FBI, Federal Bureau of Investigation, Georgia Institute of Technology, Julian Assange, Mastercard, PayPal, Reddit, Visa, Wikileaks.org, Zhiwei Chen

The Federal Bureau of Investigation has executed over 40 search warrants for those involved with Operation Payback. Operation Payback was a group of hackers that took down the Visa, Mastercard, and PayPal websites using DDoS attacks out of Wikileaks retaliation. Visa, Mastercard, and PayPal had dropped financial support for Wikileaks founder Julian Assange shortly after he released confidential government cables. The group behind Operation Payback is known as “Anonymous.”
